Specialty women's apparel retailer Christopher & Banks Corporation has licensed new retail analytics software to help accelerate its allocation, purchasing and planning decisions.

The company, which has 598 stores under nameplates including Christopher & Banks, CJ Banks and MPW, will use the QuantiSense Playbooks and QuantiSense Retail Business Intelligence to help automate the management of retail exceptions and provide its business analytic platform.

The solution "will provide us the ability to easily and quickly identify the more meaningful adjustments for leveraging our allocation, purchasing and planning decisions," explains LuAnn Via, president and CEO of Christopher & Banks.

"We do not have the luxury of investing important management time to find and address exceptions that have little impact.

"Finding and managing the retail exceptions that matter the most, whether it be on avoiding stock-outs of product in stores where we could be selling more or making adjustments to store size profile curves to better meet what our customer needs is an opportunity for us."

Lisa Klein, vice president of information technology and planning & allocation, adds: "Currently it is very time-consuming for our people to both find and manage all of the more important retail exceptions buried in our retail data. There are simply too many exceptions to sift through on a daily basis, so the traditional focus has been on the top SKUs and stores.

"A more accurate and easier way to drive this process is clearly a job for computer software designed specifically to manage our retail exceptions.

"Once implemented, our focus will shift to managing the SKUs and stores which the platform identifies as offering the biggest potential returns."